The U.S. federal individual income tax was enacted in 1913 following the passage of the 16th Amendment. Today, most states and a small number of local and municipal governments also collect income taxes. Click here for the Tax Foundation's latest summary of federal individual income tax data.
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The Irish Times reports that the Irish government is considering a 6.25 percent tax rate on intellectual property:
“Irish officials are examining the feasibility of a 6.25 per cent rate...
Taxes are a hot topic in the unexpectedly close Maryland governor's race. Republican nominee and former Ehrlich Cabinet member Larry Hogan has proposed cutting the state corporate income tax from 8.25 percent to...
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